Disney‘s board of directors will meet next week with the drama over longtime CEO Bob Iger‘s successor reaching its final act. A person familiar with the situation confirmed the board meeting to Deadline. The board typically meets in close proximity to the company’s earnings reports. Disney will report its fiscal first quarter earnings on Monday. The Wall Street Journal reported Friday that the board is “expected” to vote on succession next week. The New York Times also weighed in with a lengthy article foc ...

Paramount has named Ted Lehman as senior vice president and head of U.S. public policy and government affairs. Lehman joins the company after the departure of DeDe Lea, the longtime head of global public policy and government relations. When Makan Delrahim was named chief legal officer in September, his responsibilities included oversight of Paramount’s government relations and lobbying team. In a note to staffers, Delrahim said that Lehman wil lead Paramount’s D.C. office, “direct all aspects of Paramount ...

Charter shares jumped as much as 12% in early trading Friday after the company reported a rare uptick in video subscribers and fewer broadband losses than expected in the October-to-December quarter. In the quarter ended December 31, Charter added 44,000 video customers, compared with a loss of 123,000 in the year-earlier quarter. It ended the year with 12.6 million video customers, making it the No. 1 pay-TV operator in the U.S. Internet subscriber levels dipped by 119,000, which was better than analysts ...

The Walt Disney Co. has hired veteran media analyst Benjamin Swinburne as EVP of Investor Relations and Corporate Strategy. Swinburne comes to the company after a long stint at Morgan Stanley, which is also the alma mater of Disney Chairman James Gorman. He will be a key member of the executive team communicating with Wall Street as Disney goes through a major leadership change. Longtime CEO Bob Iger is due to hand the reins to his successor in the coming months, with a formal announcement expected in Febr ...

Apple set a new record for iPhone sales in the final quarter of 2025 and announced an installed base of 2.5 billion devices. Total revenue came in at $143.8 billion in the period ended December 31, which for the tech giant is its fiscal first quarter. The October-to-December span is generally a vibrant one, with the typical cadence of new devices being announced in September and shipping to customers during the holiday period. Products revenue, paced by the flagship iPhone, which accounts for about half of ...

Core Insights - Comcast's Q4 2025 results showed mixed performance, with revenue slightly increasing by 1.2% to $32.3 billion, while earnings declined due to a prior year's one-time tax benefit of $1.9 billion [1] Media Performance - Peacock ended 2025 with 44 million subscribers, a 22% increase year-over-year, and generated $1.6 billion in revenue with adjusted losses of $552 million, compared to $1.3 billion in revenue and a loss of $372 million in the previous year [2] Theme Parks - Theme Parks' EBITDA rose 24% to over $1 billion for the first time, driven by the contribution from Epic Universe and increased per capita spending and attendance, with revenue jumping 22% to $2.9 billion [5] Connectivity and Broadband - The company experienced domestic broadband customer net losses of 181,000, while total domestic wireless line net additions were 364,000, indicating growth in the wireless segment despite challenges in broadband [8] Strategic Changes - Comcast completed the spin-off of Versant Media, focusing on streaming, live sports, and premium content, while maintaining strong free cash flow and a disciplined capital allocation strategy [7] Competitive Landscape - Comcast lost a bidding war for Warner Bros. assets, which were acquired by Netflix in a cash deal, highlighting the competitive pressures in the media and entertainment sector [9]

’s fourth quarter beat on the top and bottom lines as the company anticipated a big increase in spending this year to as much as $135 billion driven by increased investment in its Superintelligence Labs. Capex for 2025 totaled $72 billion amid an AI arms race that’s spooked investors but Meta is doing well after market with the stock up 5% on the numbers and forecasts. The company said it expects higher operating income this year versus last despite the higher capex. Users, or daily active people (DAP) was ...

Amazon is laying off another 16,000 staff and is reported to have accidentally emailed one of its teams a day early with the news. Amazon posted the news publicly via a note from Beth Galetti, Senior Vice President of People Experience, earlier today. Galetti said the mass layoffs are about “working to strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy,” which she previously raised in October 2025, at which point around 14,000 were let go. The next round of layo ...

A Senate committee will examine the proposed Netflix acquisition of Warner Bros. at a hearing scheduled for next week, with co-CEO Ted Sarandos scheduled to testify. The hearing before the Senate Judiciary antitrust subcommittee will be held on Feb. 3, a spokesperson for Sen. Mike Lee (R-UT), confirmed. Lee is the chairman of the subcommittee, and Sen. Cory Booker (D-NJ) is the ranking member. The Netflix acquisition has drawn an unusual amount of commentary from lawmakers in the weeks since it was announc ...

TikTok today announced a long-awaited deal for a majority American-owned joint venture it said “will operate under defined safeguards that protect national security through comprehensive data protections, algorithm security, content moderation, and software assurances for U.S. users.” The hugely popular video sharing social app also revealed that it has more than 200 million U.S. users. The JV, built on the foundation of what the partners are calling the TikTok U.S. Data Security (USDS) organization, will ...